Monday, June 19, 2006

Virtual land for sale

Since most people who read this like thinking about property rights and land, I thought this might make smile. Interestingly, this isn't actually "virtual land". Anyone can start up a new service and do the same thing and this can happen infinitly so there is nothing scarce about it. At 10 cents per square meter I can do all sorts of fun things though. Happy and sad faces abound! Of course, it would cost me a full buck to sad face and as much comedy as I would get out of it, I think that one dollar would be better spent on my grocery bill.